Chef's editorials

Why Is One of the World’s Fastest-Growing Tech Companies Expanding into CEE?

by
Jakob Ulrych
June 24, 2025
Deel made its first on-the-ground appearance in Bulgaria, spotlighting the region’s growing role in global AI hiring.

As global demand for artificial intelligence (AI) talent continues to soar, Central and Eastern Europe (CEE) is attracting renewed interest – not only from investors but also from infrastructure players enabling distributed work at scale. Among them is Deel, the global payroll and HR platform valued at over $12 billion. At the beginning of June, the company made its first appearance in Sofia, Bulgaria, signaling a more intentional entry into the CEE tech ecosystem.

For Deel, which serves over 35,000 customers in 150+ countries and achieved a $1 billion run rate in just 5 years, CEE represents a rare opportunity in an increasingly saturated global landscape: significant untapped potential and an urgent need to build internationally distributed teams.

 

AI Demand Is Reshaping Global Hiring Patterns

At Digitalk AI 2025, Deel presented exclusive data from its platform highlighting the acceleration in AI-related hiring. Over the past year (1) AI and data roles facilitated through Deel increased by 60% year-over-year, (2) The number of organizations hiring for AI positions rose by 59%, (3) Senior roles such as “Head of AI” and “Director of AI” tripled in volume globally and (4) In just the first two months of 2025, Deel facilitated more AI-related contracts than in all of 2023.

While the United States continues to lead in AI hiring volumes, Deel pointed to emerging growth centers such as Canada, India, and key European regions – including CEE – as critical players in the evolving AI talent landscape.

 

CEE Startups Are Scaling, but Complexity Remains

Ivan Valev, who leads Deel’s expansion in CEE, emphasized the pace at which regional startups are building global-facing teams. “Speed is the main driver for growth,” says Valev. “Startups know this – you can’t afford to slow down.”

From fintech innovators in Romania to SaaS scaleups in Bulgaria and the Czech Republic, startups are increasingly hiring across borders – something that was an operational challenge just a few years ago. However, regulatory complexity, varying tax codes, and inconsistent legal infrastructure across CEE continue to hinder seamless cross-border hiring.

Deel’s platform aims to minimize that friction, allowing companies to hire full-time employees or contractors in over 150 countries without setting up local entities. For CEE startups looking to onboard talent in Toronto or São Paulo – or for global companies hoping to tap engineers in Sofia – the value proposition is operational clarity and speed.

 

From Outsourcing to Global Building

Historically, CEE has been viewed as a source of outsourced technical labor for Western companies. That perception is shifting.

Today, founders across the region are building product-driven companies and assembling international teams to power global growth. Deel’s expansion is a testament to this transformation—from a region of service providers to one of global innovators.

“AI is still early. Not everyone is an expert, but everyone is hiring. The companies that move fastest now will define the next few years.”

Subscribe to our newsletter

Join our newsletter to get the best hottest startup tapas.

Popular posts

British Abingdon Software Group acquires Romanian DCS plus, a global leader in TravelTech backed by Credo Ventures

November 3, 2025

From a Dorm Room to Y Combinator: Freya Raises $3.5M to Revolutionize Voice Automation

November 4, 2025

United Founders is committing €80 million and thousands of founder hours to fuel Europe’s next wave of tech decacorns

November 4, 2025

Related posts

Artificial intelligence seems to be the only thing anybody’s talking about right now, but who is the best person to talk to? In Prague, one of the top candidates is Marek Miltner, an entrepreneur turned academic working at Czech Technical University (CVUT) and Stanford University simultaneously. I sat down with him at his office at CVUT to pick his brain.
by
Fergus O'Sullivan
Kompenzo is a fast-growing Prague-based startup aiming to help hundreds of people injured in traffic, work accidents, and other incidents secure the compensation they are legally entitled to while avoiding the inadequate settlements often offered by insurance companies. It’s currently working in several European countries, and I’ve met the Country Manager, Roberta, for a quick chat.
by
Jakob Ulrych
Ukrainian defensetech is a very different kind of beast of what we see in the rest of Europe. One great example of how different is Himera, a manufacturer of secure communication systems that has gone beyond supplying the Ukrainian military to making deals with NATO countries. I sat down with Himera CEO Misha Rudominski to talk about his experience building a company in a country at war.
by
Fergus O'Sullivan
Office space is tight in Prague, and startups especially face hurdles when looking for a place to work. Enter iO Partners, a real estate company that helps founders find the best space for them. We spoke to Milan Kilik, iO’s Head of Office Agency, the man who runs point for startups looking for office space.
by
Fergus O'Sullivan